2 ms·
I don't think that this sort of "average-based" statistics is really useful or actionable. All of the following situations are different, and more exist: a) e
by throwaway22032 5y ago
I don't think that this sort of "average-based" statistics is really useful or actionable.
All of the following situations are different, and more exist:
a) earning $100k a year via sustainable investment returns e.g. pension
b) earning $100k a year doing, say, charity work for 20-30 hours a week
c) earning $100k a year at a bank doing 50 hour weeks
d) earning $100k a year as a self employed "whatever" who works whenever they want
e) earning $100k a year hustling, doing three jobs and working all of the time
All else being equal, all of these people are going to feel very different about their lives, despite theoretically having the same income.